Lombard Lux

At Lombard, we are committed to building a robust DeFi ecosystem around LBTC and recognizing our users who support us in this mission. The Luminary Program is an incentive program specifically designed to recognize and reward those contributing to LBTC's success. Lombard Lux are the denominations awarded within the program; Lux comes from the Latin word for light!

Receiving Lux

1. Staking BTC & Holding LBTC

The simplest way to obtain Lux is by holding the LBTC received from either staking BTC through Lombard, or by exchanging other assets for LBTC. As you hold LBTC, you accumulate Lux, which are distributed hourly using the formula below.

No. of Lux = Days Staked x Amount of LBTC x 1,000

For example, a user staking 0.01 BTC for one day receives 10 Lux.

2. Ecosystem Engagement

Staking BTC and holding LBTC is a foundational step in engaging with Lombard’s ecosystem. As we expand our partnerships and integrations, users will have further opportunities to avail of Lux multipliers by participating in whitelisted ecosystem projects.

On Lombard’s DeFi page, you will find the list of DeFi opportunities with respective Lux multipliers.

The Lombard DeFi Vault offers the highest Lux multiplier available, providing an opportunity to maximize Lux while benefiting from an automated, yield-optimized, one-click DeFi management experience. Note: Accumulating LUX in multiple addresses does not offer an added advantage over accumulating it all in a single address.

Tracking and Displaying Lux

Lombard Lux are tracked in collaboration with Sentio, a blockchain infrastructure platform, capturing all protocol activities. Sentio monitors your LBTC holdings, both in wallets and DeFi positions, and calculates holding times to ensure accurate number of Lux.

Lombard Lux are displayed on the Lombard App. Simply connect your wallet and navigate to the DeFi tab to view received Lux.

Benefits of Lombard Lux

We provide transparent insights into which actions maximize your Lux. Lombard Lux are designed to represent your involvement and engagement in real-time, aligning your interests with the growth of the LBTC ecosystem.

Legal Notice

The Lombard Protocol restricts access to users in certain jurisdictions, including the United States. For a full list of restricted parties, please visit our Terms of Service.

Lombard Lux are virtual representations of LBTC usage, with no monetary value and cannot be converted to, accrued as, or used as a basis for tokens, digital assets, or currency. Lux are not property and are non-transferable. They cannot be sold, traded, or used for credit. Lombard may cancel, change, or modify the Luminary program at any time without notice, including altering how Lux are earned. Lux may not be available in your jurisdiction. Fraudulent, abusive, or manipulative activities, such as creating multiple accounts or using bots, are prohibited and may result in forfeiture of Lux and termination of participation.